Missouri University of Science and Technology Savings Calculator - Plan Your College Fund
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Balance and Expenses by Years
Total Costs by Child
Planning to save for Missouri University of Science and Technology? Our Missouri University of Science and Technology savings calculator helps you determine exactly how much you need to save monthly to cover college costs. With current tuition rates of $14,278 for in-state students and $31,678 for out-of-state students, plus a 73.1% admission rate, strategic financial planning is essential for your Missouri University of Science and Technology college fund.
About Missouri University of Science and Technology
Missouri University of Science and Technology is a highly selective institution with 5,467 students. The college maintains high academic standards with average SAT scores of 1264 and ACT scores of 28.0. Understanding these costs upfront allows families to create an effective savings strategy for their Missouri University of Science and Technology education fund.
Current Missouri University of Science and Technology Costs
- In-State Tuition: $14,278 per year
- Out-of-State Tuition: $31,678 per year
- Total Students: 5,467
- Admission Rate: 73.1%
Use our calculator above to determine your personalized savings plan for Missouri University of Science and Technology.
Smart Savings Strategies for Missouri University of Science and Technology
Given the affordable tuition costs at Missouri University of Science and Technology, early planning is crucial. Consider these approaches:
1. Start Early
Begin saving when your child is young to take advantage of compound interest
2. 529 Plans
Tax-advantaged education savings accounts are ideal for Missouri University of Science and Technology planning
3. Automatic Savings
Set up monthly transfers to consistently build your Missouri University of Science and Technology fund
4. Investment Growth
With Missouri University of Science and Technology's tuition costs, consider growth-oriented investments for long-term savings
Missouri University of Science and Technology Graduate Outcomes
- Median Earnings (10 years): $82,957
- Loan Repayment Rate: 2051.0
- Value Rating: Excellent
These outcomes show positive return on investment, making your Missouri University of Science and Technology savings strategy more compelling from a financial perspective.
Frequently Asked Questions
Missouri University of Science and Technology costs $14,278 per year for in-state students and $31,678 for out-of-state students. These figures represent tuition only and don't include room, board, and other expenses.
The best time to start saving for Missouri University of Science and Technology is as early as possible. Even small monthly contributions can grow significantly over time, especially given the $14,278 annual cost. Starting when your child is born gives you 18 years to save.
Missouri University of Science and Technology has a 73.1% admission rate, making it highly competitive. With 5,467 total students and average test scores of 1264 SAT and 28.0 ACT, preparation and planning are important.
Missouri University of Science and Technology graduates earn a median salary of $82,957 ten years after graduation, with a 2051.0 loan repayment rate. This represents positive value given the $14,278 tuition cost.
Use our Missouri University of Science and Technology savings calculator above to determine your monthly savings goal. The amount depends on your child's current age, expected tuition increases, and investment returns. For current $14,278 costs, earlier planning reduces monthly requirements.
Saving $100 monthly for 18 years at 7% return will give you $43,072. This falls short of the estimated $61,540 total cost by $18,468. To fully fund college, you'd need to save at least $143 monthly.
Saving $250 monthly for 18 years at 7% return will give you $107,680. This covers the estimated $61,540 total cost for 4 years at Missouri University of Science and Technology with $46,140 extra for additional expenses.
Saving $500 monthly for 18 years at 7% return will give you $215,361. This covers the estimated $61,540 total cost for 4 years at Missouri University of Science and Technology with $153,821 extra for additional expenses.
Saving $1000 monthly for 18 years at 7% return will give you $430,721. This covers the estimated $61,540 total cost for 4 years at Missouri University of Science and Technology with $369,181 extra for additional expenses.
Saving $2500 monthly for 18 years at 7% return will give you $1,076,803. This covers the estimated $61,540 total cost for 4 years at Missouri University of Science and Technology with $1,015,263 extra for additional expenses.